In Europe, a majority of 75% of real estate professionals expect positive performance of real estate to return in 12 months. Would you like to read more? Log in

Where are some good opportunities for real estate investment now (2017–2018)?

In the US, there several cities that offers good real estate opportunities, here are 10 of them:

1. Orlando, FL

Orlando real estate is one of the best places for buying rental property in the entire state of Florida. It is home to 3.3 million residents, and despite the low housing prices, many choose renting instead of buying rental property. As a result, rental rates are shooting up which is great for property investors. The city is known for its warm climate, beautiful beaches, world famous amusement parks and attractions which makes it the ultimate tourists’ destination. With over 60 million people visiting the city, Orlando real estate is a top location not only for traditional, but also Airbnb investment properties.

2. Tampa, FL

Tampa Bay is a heavily populated metropolitan area, with a population of over 4 million residents. The city is ranked as one of the top 20 fastest growing in the U.S, and it remains a great tourism destination, making it a great marker for both long-term and short-term investment properties. Tampa also has a strong local economy with a strong focus on job growth in areas of financial services and healthcare. In addition, despite the high-priced homes, property investors can still find affordable homes for even as low as $90,000!

3. Jacksonville, FL

Jacksonville is one of the best real estate markets for buying rental property right now thanks to a low cost of living, a wonderful climate, and a business-friendly environment. Over the last 10 years, Jacksonville has grown by a 20%, as 1.3 million people currently living in the city and more continue come every year. In addition, Forbes ranked it #3 of the best cities in for jobs, with the workforce growing at a consistent rate with the population as well.

4. Houston, TX

Although Houston real estate will stay in a recovery mode from Hurricane Harvey in 2018, real estate experts believe the housing market is already on a significant rising trend. Houston is considered more affordable than many U.S. markets.Thanks to the low prices of investment properties and lower mortgage rates, many people are moving to Houston from more expensive cities such as New York and San Francisco, leading to an increased demand for buying rental property.

5. Austin, TX

The local economy is thriving in Austin, with rising employment rates and job growth rates. Accordingly, more people are moving to the city and experts projected a population growth of 2.8% over the next 5 years. Moreover, investment properties in Austin are still considered affordable!

6. Las Vegas, NV

Realtor.com named Las Vegas the number one real estate market to look forward to in 2018! The economy of the city is expected to grow with more people moving there for many reasons, but the main one being the city’s still striking home affordability and the low interest rates. Moreover, an average of 43 million people visit Las Vegas making it one of the hottest tourists’ destination in the country. Therefore, it’s one of the best real estate markets for property investors who are investing in Airbnb rentals.

7. Cleveland, OH

Cleveland is a fast growing market as Millennials are moving to the city to take advantage of the available job opportunities. With a workforce of over 2 million people, Cleveland is the 12th largest economic region in the nation. Moreover, it’s not hard to buy investment properties for as low as $70,000 and turn that into $800 a month. Not to mention, occupancy rates are at an astounding 98% and home sales are up 12% year over year!

8. Columbus, OH

Columbus also offers great opportunities for buying rental property, especially for those who are looking for an affordable income property. Job growth in Columbus is also one of the best in the country with an increase of 2.35% between 2016 and 2017 – a trend which will continue to grow in 2018. Accompanying this job growth is, of course, the increase in population. Furthermore, Forbes named Columbus as one of the top 10 cities in America to relocate to!

9. Nashville, TN

Nashville’s employment rate has seen a growing in the past year thanks to a series of construction projects which helped the city’s economy. Despite the increasing home prices, local income properties have remained affordable. In addition, the population is growing more than double the US rate!

10. Atlanta, GA

Atlanta is the third-largest metropolitan region in the Southeast, attracting families from all over the southern United States as well as the Midwest. Last year, 74,500 new jobs were created in Atlanta. With this job growth, the population also grew close to 4% which is a good sign for property investors buying rental property in Atlanta.

Wondering which of these markets is the best for you? Put your worries to rest and head over to Mashvisor! Mashvisor offers property investors with the best tools to search for, analyze, and find the best investment properties in any state, city, and neighborhood in the US.